Newsroom: The latest Arity news coverage

Over the past year, Chicagoland has seen an uptick in the number of venture-backed insurance tech startups. Some of them provide comprehensive insurance, while others simplify only one part of the process.

Today, Arity, a technology company founded by The Allstate Corporation, launched its Shared Mobility Solutions suite to enable rideshare, car share, car club and peer-to-peer companies to optimize efficiency and grow their business by utilizing insights derived from driver analytics.

Arity, a subsidiary of insurance giant Allstate, is taking the data it has gathered on how people drive and is offering up a set of different services to help companies like Uber better evaluate their pool of current and future drivers.

To help rideshare companies, like Uber and Lyft, collect data on drivers’ behavior and performance, Arity, Allstate Insurance’s tech company, has launched a new shared mobility tool, the company announced Tuesday.

Allstate companies Allstate Roadside Services (ARS) and Arity, a technology company founded by Allstate in late 2016, have provided their parent company with new sources of revenue, thanks to new offerings.

A poll of 150 auto insurance and connected car professionals released in July ahead of TU-Automotive’s Wednesday Connected Car Insurance USA conference found predictions of the kind of telematics-based claims that could disrupt the collision repair industry.

Chicago’s tech companies have a knack for shaking up established industries with new and innovative ideas and solutions. Fintech and healthtech are two major areas of disruption, and insurance technology –– or “insurtech” to those in the know –– looks like it could be next up.